Decision Under Uncertainty in Diagnosis

A practical approach to open-pit mine planning under price uncertainty using information gap decision theory

In the context of open-pit mine planning, uncertainties including commodity price would significantly affect the technical and financial aspects of mining projects. A mine planning that takes place regardless of the uncertainty in price just develops an optimized plan at the starting time of the mining operation. Given the price change over the life of mine, which is quite certain, optimality o...

Utilizing Decision Making Methods and Optimization Techniques to Develop a Model for International Facility Location Problem under Uncertainty

Abstract The purpose of this study is to consider an international facility location problem under uncertainty and present an integrated model for strategic and operational planning. The paper offers two methodologies for the location selection decision. First the extended VIKOR method for decision making problem with interval numbers is presented as a methodology for strategic evaluation of po...

Multi-criteria Logistic Hub Location by Network Segmentation under Criteria Weights Uncertainty (RESEARCH NOTE)

Third party service providers are locating logistic hub for operating their tasks. Finding a proper location helps them to have better performance in competitive environment. Multiple characteristics of proper location selection faces the decision maker to have a multi criteria decision making problem. Since the location decision is a long term planning, the robustness of the decision is gettin...

A novel risk-based analysis for the production system under epistemic uncertainty

Risk analysis of production system, while the actual and appropriate data is not available, will cause wrong system parameters prediction and wrong decision making. In uncertainty condition, there are no appropriate measures for decision making. In epistemic uncertainty, we are confronted by the lack of data. Therefore, in calculating the system risk, we encounter vagueness that we have to use ...

The Effect Of Salvage Market On Strategic Technology Choice And Capacity Investment Decision Of Firm Under Demand Uncertainty

Optimal Cropping Pattern Modifications with the Aim of Environmental-Economic Decision Making Under Uncertainty

Sustainability in agricultural is determined by aspects like economy, society and environment. Multi-objective programming (MOP) model has been a widely used tool for studying and analyzing the sustainability of agricultural system. However, optimization models in most applications are forced to use data which is uncertain. Recently, robust optimization has been used as an optimization model th...